| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $0 | $0 | — | — |
| Op. Income | -$798.3K | -$189.1K | -$158.2K | -322.1% | -404.6% |
| Gross Margin | 5.7% | — | — | — | — |
| Net Margin | -21.8% | — | — | — | — |
| EPS (Diluted) | $-0.03 | $0.11 | $0.07 | -124.0% | -137.6% |
| Free Cash Flow | $707.0K | -$29.3K | — | 2514.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $145.4K |
| R&D Expenses | $79.0K |
| Selling & Marketing | $520.6K |
| General & Administrative | $350.0K |
| SG&A Expenses | $870.5K |
| Other Expenses | -$5.8K |
| Operating Expenses | $943.7K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$798.3K |
| Interest Income | $0 |
| Interest Expense | $14.4K |
| Other Income/Expenses | $249.6K |
| INCOME BEFORE TAX | -$548.7K |
| Income Tax Expense | $7.7K |
| Net Income from Continuing Ops | -$556.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$556.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$556.5K |
| D&A | $0 |
| EBIT | -$534.3K |
| EBITDA | -$534.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$556.5K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $714.7K |
| Change in Working Capital | $548.8K |
| OPERATING CASH FLOW | $707.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$156.9K |
| NET CASH FROM INVESTING | -$156.9K |
| Net Debt Issuance | -$364.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$364.5K |
| FREE CASH FLOW | $707.0K |
| Net Change in Cash | $185.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.8K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $92.4K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $52M |
| Account Payables | $0 |
| Short-Term Debt | $285.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $423.2K |
| TOTAL CURRENT LIABILITIES | $709.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $709.1K |
| Common Stock | $52M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$617.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $285.9K |
| Net Debt | $272.1K |
